Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 4.91 is 41% below its 5-year average of 8.28, near the low end of its 5-year range (2.58–34.59).
As of the fiscal period ended Tuesday, June 30, 2026. 55.33% above its 12-month average of 3.16.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.91.
QUICK RATIO (ACID-TEST)
4.91
QUICK RATIO (ACID-TEST) AVG TTM
3.16
QUICK RATIO (ACID-TEST) AVG 3Y
5.32
QUICK RATIO (ACID-TEST) AVG 5Y
8.28
QUICK RATIO (ACID-TEST) AVG 10Y
9.73
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+55.33%
CURRENT VS 3Y AVG
-7.75%
CURRENT VS 5Y AVG
-40.75%
CURRENT VS 10Y AVG
-49.58%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 649 covered companies
CURRENT VS SECTOR MEDIAN
+64.12%
vs the sector median at left
Market Cap
$55.06M
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.73
3Y Avg
1.25
5Y Avg
1.77
Market Cap
$56.78M
Quick Ratio (Acid-Test)
2.43
TTM Avg
1.42
3Y Avg
0.93
5Y Avg
1.83
Market Cap
$57.98M
Quick Ratio (Acid-Test)
9.48
TTM Avg
13.86
3Y Avg
12.45
5Y Avg
13.81
Market Cap
$54.25M
Quick Ratio (Acid-Test)
21.47
TTM Avg
12.14
3Y Avg
11.08
5Y Avg
9.81
Market Cap
$59.03M
Quick Ratio (Acid-Test)
2.37
TTM Avg
7.60
3Y Avg
7.51
5Y Avg
12.19
Market Cap
$58.94M
Quick Ratio (Acid-Test)
1.23
TTM Avg
0.89
3Y Avg
0.93
5Y Avg
1.06
Market Cap
$59.21M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.97
3Y Avg
5.50
5Y Avg
8.52
Market Cap
$59.23M
Quick Ratio (Acid-Test)
3.15
TTM Avg
4.21
3Y Avg
4.66
5Y Avg
4.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aldeyra The (ALDX) | $54.89M | 4.91 | 3.16 | 5.32 | 8.28 |
| Spectral AI, Inc. (MDAI)vs › | $55.06M | 0.85 | 0.73 | 1.25 | 1.77 |
| OKYO Pharma Limited (OKYO)vs › | $56.78M | 2.43 | 1.42 | 0.93 | 1.83 |
| Boundless Bio, Inc. (BOLD)vs › | $57.98M | 9.48 | 13.86 | 12.45 | 13.81 |
| ImageneBio Inc (IMA)vs › | $54.25M | 21.47 | 12.14 | 11.08 | 9.81 |
| Connect Biopharma Holdings Limited (CNTB)vs › | $59.03M | 2.37 | 7.60 | 7.51 | 12.19 |
| MiNK Therapeutics, Inc. (INKT)vs › | $58.94M | 1.23 | 0.89 | 0.93 | 1.06 |
| Oncolytics Biotech Inc. (ONCY)vs › | $59.21M | 1.35 | 1.97 | 5.50 | 8.52 |
| Fractyl Health, Inc. (GUTS)vs › | $59.23M | 3.15 | 4.21 | 4.66 | 4.26 |
| eXoZymes, Inc. (EXOZ)vs › | $51.33M | 3.81 | 5.31 | 3.36 | 3.21 |
Quick Ratio
4.91
Excludes inventory
Current Ratio
4.91
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 4.91 |
| 2026-03-31 | 2.72 |
| 2025-12-31 | 2.58 |
| 2025-09-30 | 2.72 |
| 2025-06-30 | 2.86 |
| 2025-03-31 | 6.49 |
| 2024-12-31 | 5.59 |
| 2024-09-30 | 6.80 |
| 2024-06-30 | 4.55 |
| 2024-03-31 | 6.50 |
| 2023-12-31 | 6.64 |
| 2023-09-30 | 6.81 |
| 2023-06-30 | 9.96 |
| 2023-03-31 | 10.50 |
| 2022-12-31 | 11.78 |
| 2022-09-30 | 7.83 |
| 2022-06-30 | 12.36 |
| 2022-03-31 | 13.60 |
| 2021-12-31 | 19.77 |
| 2021-09-30 | 20.66 |
| 2021-06-30 | 34.59 |
| 2021-03-31 | 13.26 |
| 2020-12-31 | 6.69 |
| 2020-09-30 | 13.65 |
| 2020-06-30 | 14.52 |
| 2020-03-31 | 12.84 |
| 2019-12-31 | 5.82 |
| 2019-09-30 | 6.36 |
| 2019-06-30 | 11.40 |
| 2019-03-31 | 9.17 |
| 2018-12-31 | 11.18 |
| 2018-09-30 | 4.81 |
| 2018-06-30 | 8.11 |
| 2018-03-31 | 11.07 |
| 2017-12-31 | 13.11 |
| 2017-09-30 | 20.28 |
| 2017-06-30 | 12.47 |
| 2017-03-31 | 13.06 |
| 2016-12-31 | 10.93 |
| 2016-09-30 | 11.05 |
| 2016-06-30 | 13.82 |
| 2016-03-31 | 12.89 |
| 2015-12-31 | 13.28 |
| 2015-09-30 | 22.73 |
| 2015-06-30 | 24.32 |
| 2015-03-31 | 15.34 |
| 2014-12-31 | 6.60 |
| 2014-09-30 | 12.23 |
| 2014-06-30 | 10.05 |
| 2014-03-31 | 3.12 |
| 2013-12-31 | 5.41 |
| 2013-09-30 | 13.78 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 5.44 |
